Big loans are the business
Its typical loan of $980,000 compares with $165,000 at similar lenders, state non-member banks making between half and twice as many loans. Jumbo loans, larger than the conforming limit, were 52.4% of its lending against 1.6%, higher than almost every similar lender. So although it made fewer loans than most of them, 44 against a typical 53, its $98.6 million of lending exceeded almost all of theirs.